Heat the olive oil in a large pot over medium heat. Add the ground beef and cook until browned, breaking it up with a spoon as it cooks.
Add the diced onion, chopped bell peppers, and minced jalapeño to the pot. Stir and cook for 5 minutes until the vegetables soften.
Stir in the minced garlic, chili powder, cumin, salt, and black pepper. Cook for 1 minute until the spices become fragrant.
Pour in the beef broth, diced tomatoes, corn, and black beans. Stir everything together.
Bring the mixture to a boil, then reduce the heat to low. Cover and simmer for 20 minutes, stirring occasionally.
Taste and adjust salt or pepper if needed before serving.